Crypto Currency Thread

[sc0tt]

The Spruce goose said:

sgtBerbatov said:

Litecoin will break £100 a coin.

I think litecoin has potential, it is on coinbase, seems pretty solid, it just seemed entwined against BTC.

Well they all do.

• The coins on coinbase.

[Too Late]

INS looks like an interesting ICO if people are interested

https://ins.world/


My referral link (3% Bonus referral's reward )
https://tokensale.ins.world/?ref=c9072aaaa598ae057...

[M511]

sc0tt said:

What makes you say that?

I would give a technical to answer this but lets wait and see their rationale...

[M511]

To Behemoth and The Spruce goose, I agree that Ripple is probably worthless but I got in when it was trading at $0.05 and I've made a tidy return now, admittedly I would have made more if I got in at the ICO which would make my returns crazy. I too don't trust the idea of Ripple but I will ride the wave wherever it is. I would be interested to hear people's technical analysis of how they invest, other than just gut feel. Do we have a technical thread on here?

[anonymous-user]

sc0tt said:

Well they all do.

• The coins on coinbase.

I thought that but they can seem to break away, the problem is ltc is always seen as a lesser btc when as a coin in its own right it is pretty solid. it is the ronseal of the crypto world, it does what it says it should. The problem is new investors want fancy websites and icos bs to invest.

[Too Late]

M511 said:

To Behemoth and The Spruce goose, I agree that Ripple is probably worthless but I got in when it was trading at $0.05 and I've made a tidy return now, admittedly I would have made more if I got in at the ICO which would make my returns crazy. I too don't trust the idea of Ripple but I will ride the wave wherever it is. I would be interested to hear people's technical analysis of how they invest, other than just gut feel. Do we have a technical thread on here?

We need a Crypto Currency Tips thread

[sgtBerbatov]

M511 said:

sc0tt said:

What makes you say that?

I would give a technical to answer this but lets wait and see their rationale...

Faster transactions for a start, and low payment costs. It's always seen as the silver to Bitcoin's gold, and over the previous months it's rocketed in value. Even recently after the dip after the failed Bitcoin fork it's rallied.

[Behemoth]

M511 said:

To Behemoth and The Spruce goose, I agree that Ripple is probably worthless but I got in when it was trading at $0.05 and I've made a tidy return now, admittedly I would have made more if I got in at the ICO which would make my returns crazy. I too don't trust the idea of Ripple but I will ride the wave wherever it is. I would be interested to hear people's technical analysis of how they invest, other than just gut feel. Do we have a technical thread on here?

There was no Ripple ICO.

I doubt many do TA here. I very occasionally swing trade on pairs I know; only where there are clear patterns. I don't think there's any point trying on any new tokens which all pump & dump with impunity.

[Croutons]

Apols if you've seen this-

Mining a BTC block with pen and paper, brilliant!

http://www.righto.com/2014/09/mining-bitcoin-with-...

Back in 2014 he considered himself 10 quadrillion times less energy efficient than processors at the time

I now follow a lot of twitter accounts which, quite frankly, look to pump. Much technical analysis where the end result is "well it could break out and go up, or down, or, maybe it won't, and it will stay the same".

It's amazing how if you extent the graphs to 30 days things are put in a different perspective. And not always well.

It certainly ain't all one-way traffic, and no-one can predict which way any of it goes.

[M511]

Behemoth said:

There was no Ripple ICO.

I doubt many do TA here. I very occasionally swing trade on pairs I know; only where there are clear patterns. I don't think there's any point trying on any new tokens which all pump & dump with impunity.

There was an ICO, well whatever they called it but they gave away free Ripple tokens around 2012, and people could buy and sell them they weren't worth anything of value of the time but even if you bought the coins when they first came out you would still have made over 2000% return.

[M511]

sgtBerbatov said:

Faster transactions for a start, and low payment costs. It's always seen as the silver to Bitcoin's gold, and over the previous months it's rocketed in value. Even recently after the dip after the failed Bitcoin fork it's rallied.

Having looked at Litecoin I would wait until it goes back down to near $35 then invest back into it.

[Behemoth]

M511 said:

There was an ICO, well whatever they called it but they gave away free Ripple tokens around 2012

Yes, I'd call it an airdrop rather than an ICO. The tokens needed to come into existence to make the thing work - their purpose was to prevent the network being spammed, as you had to use up a token to operate on the protocol.

[Behemoth]

Croutons said:

Apols if you've seen this-

Mining a BTC block with pen and paper, brilliant!

http://www.righto.com/2014/09/mining-bitcoin-with-...

Back in 2014 he considered himself 10 quadrillion times less energy efficient than processors at the time

I now follow a lot of twitter accounts which, quite frankly, look to pump. Much technical analysis where the end result is "well it could break out and go up, or down, or, maybe it won't, and it will stay the same".

It's amazing how if you extent the graphs to 30 days things are put in a different perspective. And not always well.

It certainly ain't all one-way traffic, and no-one can predict which way any of it goes.

Thanks for reminding me about that manual hash. It's great. There's plenty of useful stuff on Twitter about crypto from very intelligent people if you're selective.

[sgtBerbatov]

M511 said:

sgtBerbatov said:

Faster transactions for a start, and low payment costs. It's always seen as the silver to Bitcoin's gold, and over the previous months it's rocketed in value. Even recently after the dip after the failed Bitcoin fork it's rallied.

Having looked at Litecoin I would wait until it goes back down to near $35 then invest back into it.

I've been in it since then, so far so good!

[jonm01]

ETH has been rising in the last 24 hours, any reason why?

[NickCQ]

Behemoth said:

Croutons said:

Apols if you've seen this-

Mining a BTC block with pen and paper, brilliant!

http://www.righto.com/2014/09/mining-bitcoin-with-...

Thanks for reminding me about that manual hash. It's great. There's plenty of useful stuff on Twitter about crypto from very intelligent people if you're selective.

Yep, really enjoyed this - thanks.

[anonymous-user]

M511 said:

Having looked at Litecoin I would wait until it goes back down to near $35 then invest back into it.

that's like saying wait until bitcoin is 5k to invest. Makes no sense you are hedging on the coin losing value, when a coin like ltc most likely won't drop to 35, half its value. it is used and has a strong history.

I think with any coin you will make money(besides the scam stuff stc), the question is it is how much you make. I mean in a bank you get maybe 3%. Cryptos can do 10% a day for a month.

[Behemoth]

The Spruce goose said:

that's like saying wait until bitcoin is 5k to invest. Makes no sense you are hedging on the coin losing value, when a coin like ltc most likely won't drop to 35, half its value. it is used and has a strong history.

I agree. Litecoin acts as Bitcoin's unofficial testnet and will have value for as long as that's the case. Eventually, LTC will have had its day but at that point, you'd be crazy to jump in if/when a better testnet for Bitcoin appears.

[x5x3]

The Spruce goose said:

Why an ICO for something that could be done for free, this how other stake pools work, again just another way to rinse people

do you have a link to one of these "free" stake pools perhaps?

[wombleh]

jonm01 said:

ETH has been rising in the last 24 hours, any reason why?

I think it might be either this:
https://www.coindesk.com/who-needs-a-csd-nivaura-t...

Or because I traded most of my eth for btc last week.

Might also be the various ICO that were allegedly selling off their eth booty have made enough cash and stopped selling so it's allowing the price to run up. But not sure how much truth was behind that.